Amazon Acquires Apple iPad’s Top-grossing App Performer – (AMZN)

E-commerce giant Amazon.com (AMZN) on Thursday announced the acquisition of “comiXology”, a leading New York-based digital comic book publisher in the North American market.

Founded in 2007, the digital-comics provider — which makes one of the top grossing apps for Apple (AAPL)’s iPad tablet — has a collection of digital comic books and graphic novels produced from more than 75 of the top industry publishers, as well as independent creators.

“ComiXology’s mission is to spread the love of comics and graphic novels in all forms,” David Steinberger, co-founder and CEO of comiXology, said in the press release announcing the news. “There is no better home for comiXology than Amazon to see this vision through. Working together, we look to accelerate a new age for comic books and graphic novels.”

The deal, which aims to beef up Amazon’s entertainment content, is expected to close in the second quarter. Terms of the transaction were not disclosed.

Amazon’s acquisition of ComiXology comes as Jeff Bezos’ company expands its digital media empire. Last week, the e-commerce giant launched the Fire TV video streaming device.

Amazon shares are down $2.70, or 0.85%, at $314.42 in pre-market trading Friday.

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